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. >>> egypt's president mohamed morsi fleeing the palace today. all of this as the backlash to the new sweeping power he is granted himself bubbles over. we'll take you live next to egypt for the latest developments on this important story. stay with us. >>> also ahead, netflix stocks sky is rocketing today in the wake of its licensing deal with disney. how big of a deal is this for netflix, and is it a stock to own? stay with us on that. >>> later on, bracing for a catastrophe. allstate estimating hurricane sandy will cost it over $1 billion, but will the impact on the fiscal cliff be even worse? the head of allstate is with me sitting down for a cnbc exclusive coming up in a few minutes. don't miss it. back in a moment. [ male announc] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start.
. >>> egypt's president mohamed morsi fleeing the palace today. all of this as the backlash to the new sweeping power he is granted himself bubbles over. we'll take you live next to egypt for the latest developments on this important story. stay with us. >>> also ahead, netflix stocks sky is rocketing today in the wake of its licensing deal with disney. how big of a deal is this for netflix, and is it a stock to own? stay with us on that. >>> later on, bracing for a...
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Dec 31, 2012
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we'll ask pimco's mohamed el-erian what to expect. plus a senator at the center of fiscal cliff negotiations, bob corker will join us at the bottom of the hour. mohamed's not here on set. i was doing a double-take. that was old video. but he will be joining us in just a moment. >> the fiscal cliff saga has almost reached its climax. just hours remain before the deadline. how will the movie end? will we go over the cliff or will washington save us from economic disaster at the 11th hour? wednesday on "squawk box,"d out how we land and what it means for your money. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. we don't let frequent hear
we'll ask pimco's mohamed el-erian what to expect. plus a senator at the center of fiscal cliff negotiations, bob corker will join us at the bottom of the hour. mohamed's not here on set. i was doing a double-take. that was old video. but he will be joining us in just a moment. >> the fiscal cliff saga has almost reached its climax. just hours remain before the deadline. how will the movie end? will we go over the cliff or will washington save us from economic disaster at the 11th hour?...
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Dec 8, 2012
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. >>> again today the crowds are still demanding that president mohammed moed morsi step down. latest from cairo. >>> free market capitalism is the best bet for -- i don't think we should be raising taxes at all. but that's my point of view. i'm kudlow. we'll be right back two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. . >>> tens of thousands of protesters are still surging around egypt's presidential palace. nbc reporter joins us now with the details. good evening, eamon. >> reporter: the media is reporting that the country's commission has ordered a vote scheduled to begin tomorrow in embassies around the world on the country's draft constitution to be postponed u
. >>> again today the crowds are still demanding that president mohammed moed morsi step down. latest from cairo. >>> free market capitalism is the best bet for -- i don't think we should be raising taxes at all. but that's my point of view. i'm kudlow. we'll be right back two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many...
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this clash of economies basically, mohammed al arian wrote a book three years ago, the title "when worldless collide," basically the worlds are colliding and difficult for policymakers to see how to resolve the situation. >> what san investor to make of all of this then, bill? what would you say your picks and pans to be able to still invest your money wisely? >> investors, if they are looking for growth and if they are looking for risk and that speaks to equities and other types of investments that are less safe than bonds, you know, they should look to the developing markets, mandy. that's where the growth is, where the underdeveloped basically fiscal and balance sheets are. and that's where they are going to experience higher returns. you know, if they are looking for safety, you know, they should look to the developed world to what we call the cleanest dirty shirts, to some extent to tips and to other safe assets that produce a low return, yes, but a safe return. so it's a developing risk and a developed derisking type of balance sheet. >> we are going to on the housing angle here, we ar
this clash of economies basically, mohammed al arian wrote a book three years ago, the title "when worldless collide," basically the worlds are colliding and difficult for policymakers to see how to resolve the situation. >> what san investor to make of all of this then, bill? what would you say your picks and pans to be able to still invest your money wisely? >> investors, if they are looking for growth and if they are looking for risk and that speaks to equities and...
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. >>> president mohammed morsi has congratulated egyptians for a new constitution. in a tv address to the nation, mr. morsi said changes maybe necessary. the document is too islamist and has rejected the call for dialogue according to some. >>> a super winter storm that pounded the southeast and midwest is now pounding the northeast. the storm has created havoc on roads and at the airports and this as people start returning home after christmas. more than 1800 u.s. flights have been canceled since tuesday. makes the fact that a lot of usair line stocks were at 1 1/2 year highs yesterday. >>> a u.s. federal jury has found martel in patent violations. carnegie mellon sued marvell in 2009. the company is now hopeful the judge will reverse the verdict, but says lit plan to appeal. marvell shares were down 15% in frankfurt today. you can see investors are not sure they'll be able to appeal that one. shareholders could face high losses, but the so-called frob does not specify just how much the equity would be diluted. it is expected to inject 18 billion euros into bfa bef
. >>> president mohammed morsi has congratulated egyptians for a new constitution. in a tv address to the nation, mr. morsi said changes maybe necessary. the document is too islamist and has rejected the call for dialogue according to some. >>> a super winter storm that pounded the southeast and midwest is now pounding the northeast. the storm has created havoc on roads and at the airports and this as people start returning home after christmas. more than 1800 u.s. flights...
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. >> mohamed morsi addressed the nation, trying to soften his position that has angered protesters over the last several days. in fact one of the sticking points that has been fueling these proce protests has been a decision that was issued by morsi. today he tried soften his position by saying that his decisions were in fact subject to judicial review, but he also wanted to try to solve then other positions that have been fueling some of the protests. he said the constitutional referendum scheduled for december 15th would go ahead as planned, but if it fails, there would be a new assembly. more importantly, he's now reaching across the political divide to meet with some of the country's political opposition figures. they say they will not necessarily meat with the president until that decision, at least that decree, is rescinded. they're still going ahead with calls for friday's million man march and outside the presidential palace, hundreds of protesters gathered for a third straight day following two deadly days of clashes. >> egypt opposition has said it has form and i lformally rej
. >> mohamed morsi addressed the nation, trying to soften his position that has angered protesters over the last several days. in fact one of the sticking points that has been fueling these proce protests has been a decision that was issued by morsi. today he tried soften his position by saying that his decisions were in fact subject to judicial review, but he also wanted to try to solve then other positions that have been fueling some of the protests. he said the constitutional...
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mohamed el-erian said he was worried about the reporting season because there was a finite number of what companies could do in terms of cost. a number of companies missed the top line forecast, not so many the bottom line as the top line. so in october, however, we saw a little bit of a recovery from q3. and our flash figures were 2% and we did 2.5% in october. we have not told the market what we did in november, but it was better than october. and so we've ended up, you know, towards the end of november up by 3%, a little bit more than 3%, actually. and december, we have to wait and see. >> i've seen that you're continuing the plans in china and in particular from what i can tell. >> absolutely. >> are you going to try and diversify them further? >> well, if i do have any regrets -- and i've had a few over the years that i'm willing to admit publicly -- it would be that we didn't have enough of our operations in britain and that we didn't have enough in asia and latin america, africa and the middle east and central europe. instead of a third of our business, some of our clients, yo
mohamed el-erian said he was worried about the reporting season because there was a finite number of what companies could do in terms of cost. a number of companies missed the top line forecast, not so many the bottom line as the top line. so in october, however, we saw a little bit of a recovery from q3. and our flash figures were 2% and we did 2.5% in october. we have not told the market what we did in november, but it was better than october. and so we've ended up, you know, towards the end...
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. >> as mohamed el-erian said, it's the new normal. nothing is going to happen next year in all probability. there will be the italian electrics. if berlusconi starts to poll better in a run up to the italian elections, which i think will happen, then you're likely to see bonds markets reacting a little bit to that. that could cause problems in the spanish and italian yield curve. so maybe that would that will trigger mariano rajoy asking for a bailout. anything which happens on the policy front, anything which happens in the next few months is going to be weighed for its impact on the election prospects come next september. >> you're lucky because we have a whole lot more europe after the break. we can continue to talk about all things european. but of all of this talk about the cliff, if it hasn't sent you over the edge yet, head on to our website and take the cliff quiz. see if you can match the right quiz with a number of things in. >> you can also take a look at what's on the agenda today in the u.s. a couple of economic reports w
. >> as mohamed el-erian said, it's the new normal. nothing is going to happen next year in all probability. there will be the italian electrics. if berlusconi starts to poll better in a run up to the italian elections, which i think will happen, then you're likely to see bonds markets reacting a little bit to that. that could cause problems in the spanish and italian yield curve. so maybe that would that will trigger mariano rajoy asking for a bailout. anything which happens on the...
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mohamed el-erian from pimco said he was worried about the third quarter reporting season because there was a finite about about what companies could do from the top and they had to focus on the top line. so in october, however, we saw a bit of a recovery from q3. and our flash figures were 2%, 2.5% in october. we have not told the market what we did in november, but it was better than october. and so we've ended up, you know, towards the end of november, after november, up by 3%, a little bit more than 3%, actually. >> yeah. >> and december, we have to wait and see. because we get another attack he of quarter-itis, so you have to be very careful. >> any lessons to be learned at all? is anything to go going to be next year than what it was? >> caution prevails. we have these gray swans, the unknown unknowns. we don't know what's going to happen. but the known unknowns are clearly the eurozone we're talking about, which will muddle through. china ma had soft landing. brics had a soft landing. the third area is in the middle east which you know a lot about, what happens in gaza, what happ
mohamed el-erian from pimco said he was worried about the third quarter reporting season because there was a finite about about what companies could do from the top and they had to focus on the top line. so in october, however, we saw a bit of a recovery from q3. and our flash figures were 2%, 2.5% in october. we have not told the market what we did in november, but it was better than october. and so we've ended up, you know, towards the end of november, after november, up by 3%, a little bit...
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planned to go dark today, joining a growing list of industries on strike against newly elected president mohamed morsi's power grab. we've seen what he's done over the last couple of weeks. these protests are in response to several decrees issued by morsi that gives him near absolute power. last night an estimated 10,000 people crowded in the center of alexandria. tens of thousands rallied in tahrir square. and 100,000 demonstrated in front of the presidential palace. >>> and back here in tus, a busy economic calendar. we get the adp employment report, which is -- i don't know whether it's better or worse now. we'll see. >> they're looking at -- oh, private payrolls. >> coming in at 125 in private jobs. >> 79,000 or 80,000, which was closer to the total number. >> we must still be losing government jobs. 8:30 eastern, a revision to third quarter productivity and costs. and then later this morning, a november ism number, but it's nonmanufacturing. here's a few early stocks to watch. facebook is going to join the fa face the nasdaq indix. pandora media is lowing its fourth quarter guides. they are
planned to go dark today, joining a growing list of industries on strike against newly elected president mohamed morsi's power grab. we've seen what he's done over the last couple of weeks. these protests are in response to several decrees issued by morsi that gives him near absolute power. last night an estimated 10,000 people crowded in the center of alexandria. tens of thousands rallied in tahrir square. and 100,000 demonstrated in front of the presidential palace. >>> and back here...
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. >>> egyptian president mohamed morsi, his announcement that he will back off from a controversial edict granting himself sweeping new powers, is not calming the opposition. protesters gathered again today calling for nationwide protests tuesday. there's word islamist groups plan to stage a rival demonstration the same day. anti-government protesters are furious morsi don't delay the constitutional referendum scheduled for saturday. critics say it was drafted by an islamist-dominated assembly that squeezed out liberal and moderate voices. >>> pressure cranked up on bashar al assad. secretary of state hillary clinton will attend a meeting where most attending countries already see the rebels in syria as a legitimate representative of the people. shelling and street fighting killed more than 130 people on one day alone this weekend. syrian rebel fighters now have control of the country's biggest city, aleppo. the people there have something new to fear now, something as frightening as civil war. cnn's arwa damon is there. >> reporter: crammed inside a tiny two-room home, the adults say the
. >>> egyptian president mohamed morsi, his announcement that he will back off from a controversial edict granting himself sweeping new powers, is not calming the opposition. protesters gathered again today calling for nationwide protests tuesday. there's word islamist groups plan to stage a rival demonstration the same day. anti-government protesters are furious morsi don't delay the constitutional referendum scheduled for saturday. critics say it was drafted by an islamist-dominated...
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mohammed jamjoom is in beirut. he's got more on the story for us this morning. good morning. >> reporter: good morning, soledad. this latest report only increasing concerns about the intentions of the syrian regime when it comes to their chemical weapon stockpile. now, why are there so many concerns? not just because people are worried what bashar al assad might do with these chemical weapon stockpiles, as there have been for months, but more as rebels are advancing on damascus and the battling are getting more heated and pitched around the capital, there are concerns that if damascus were to fall, what would happen to chemical weapon stockpiles? could they get into the hands of groups that are fighting with syrian rebels? a big concern, and we've heard more calls from the u.s. administration, warning that bashar al assad if we were to utilize chemical weapons against the population of syria, that would be a clear red line, they would face consequences. we must add one more thing, that the syrian regime has repeatedly said, including today, they have no intentio
mohammed jamjoom is in beirut. he's got more on the story for us this morning. good morning. >> reporter: good morning, soledad. this latest report only increasing concerns about the intentions of the syrian regime when it comes to their chemical weapon stockpile. now, why are there so many concerns? not just because people are worried what bashar al assad might do with these chemical weapon stockpiles, as there have been for months, but more as rebels are advancing on damascus and the...
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where we reach out to our sources around the world and we go to cairo where three advisers to president mohamed morsi have stepped down as violence has intensified. demonstrators set fire to oofss of the muslim brotherhood. reza is in cairo. >> reporter: president morsi thought he was going to have a cake walk to the nationwide referendum on december 15th on the constitution, he was mistaken. at least three of his advisers resigned tonight as opposition factions continue to put on the pressure against the president and this time, things got ugly and violent in front of the presidential palace. that's where you had supporters of the president and opponents of the president facing off in what started as a staredown and then evolved into an all-out brawl. two sides were clashing by throwing rocks, debris, even molotov cocktails. police came in at one point and broke up some of the clashes. others continued throughout the night. the clock is ticking towards the vote on december 15th. now the question, will the vote take place or will the president back down? erin? >>> our fifth story "out front" be
where we reach out to our sources around the world and we go to cairo where three advisers to president mohamed morsi have stepped down as violence has intensified. demonstrators set fire to oofss of the muslim brotherhood. reza is in cairo. >> reporter: president morsi thought he was going to have a cake walk to the nationwide referendum on december 15th on the constitution, he was mistaken. at least three of his advisers resigned tonight as opposition factions continue to put on the...
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opponents of president mohammed morsi are expected back on the streets. last night in cairo they called on morsi to resign saying his government lost legitimacy. opponents are angry at his degree two weeks ago where he granted himself sweeping new powers, and they don't trust a new draft constitution backed by him. in a televised speech last night, morsi defended his actions. ian lee is live in cairo this morning. what is happening now? >> right now we're watching protesters slowly filing in to tahrir square. we expect massive demonstration today as all political forces that are opposing president mohammed morsi have called for demonstrations against the constitutional declaration and the draft constitution. continuation of the large protests that have gripped this country. >> ian, president obama actually called president morsi. what was that conversation like? what was said? >> president obama wants president morsi to open up for dialogue with opposition and to come out with some sort of agreement that both parties can move forward to. president morsi d
opponents of president mohammed morsi are expected back on the streets. last night in cairo they called on morsi to resign saying his government lost legitimacy. opponents are angry at his degree two weeks ago where he granted himself sweeping new powers, and they don't trust a new draft constitution backed by him. in a televised speech last night, morsi defended his actions. ian lee is live in cairo this morning. what is happening now? >> right now we're watching protesters slowly filing...
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cnn's mohammed jamjoom is in beirut with more. what is the very latest here? >> reporter: well, zoraida, combined with this nbc news report from last night and what cnn reported on monday, there are increasing fears that the bashar al assad regime in syria could possibly resort to using chemical weapons. that they possibly have started mixing their chemical weapons. this has been a nightmare scenario for some time. we should add, however, that even today, syrian officials have reiterated their stance that they've been saying for quite some time, that they will not use chemical weapons against the population of syria, and that any type of military intervention by western powers in syria would be catastrophic, not just for the region, but for the entire world. taken together, though, these are very worrying signs. we know that later today, u.s. secretary of state hillary clinton is going to be meeting with her russian counterpart, sergey lavrov. this is a meeting that's going to take place in dublin later today. this is an effort to try to get the peace plan for
cnn's mohammed jamjoom is in beirut with more. what is the very latest here? >> reporter: well, zoraida, combined with this nbc news report from last night and what cnn reported on monday, there are increasing fears that the bashar al assad regime in syria could possibly resort to using chemical weapons. that they possibly have started mixing their chemical weapons. this has been a nightmare scenario for some time. we should add, however, that even today, syrian officials have reiterated...
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the unrest centers around mohamed morsi's decree, giving him immunity. smoking a joint is now legal in washington state. at midnight, pot users celebrated as the voter approved initiative went into effect. possessing an ounce of marijuana is a-okay. growing and selling the drug is not. plus it's against federal law. >>> popularity of gangnam style knows no limits. ♪ gangnam style >> 81-year-old former wyoming senator simpson doing the gangnam style dance. we wanted to compare his version to the dance made famous by the north korean rapper. simpson's version is part of a new social campaign really. and his actions may seem a little silly, but he may be taking a page out of president obama's playbook. most recently the white house urged people to take to twitter and use the #my2k. in case you forgot the former senator is one half of the simpson bowles duo appointed by president obama who actually came up with a plan to cut the deficit, a plan that everyone hailed as magnificent but no one wanted to adopt. >>> joining me now is cnn contributor will cain.
the unrest centers around mohamed morsi's decree, giving him immunity. smoking a joint is now legal in washington state. at midnight, pot users celebrated as the voter approved initiative went into effect. possessing an ounce of marijuana is a-okay. growing and selling the drug is not. plus it's against federal law. >>> popularity of gangnam style knows no limits. ♪ gangnam style >> 81-year-old former wyoming senator simpson doing the gangnam style dance. we wanted to compare...
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he announced for another invitation -- conditions is imposing the will -- >> these conditions that mohammed has put forward are unacceptable? >> everything could be discussed on the table, but not conditions. >> he says -- what about, are you open at least to postponing the referendum on the c constituti constitution? moving from december 15th? >> if we are returning back to the will of the people. why should we be -- we can change the constitution, if there is the will of the people to change it. and today it was announced that if there is a need for amendments we can elect a new parliament, and within the new parliament, they have the right to make changes to the prosecution. we insist on returning to the people. the regional source of power. >> the argument -- the accusation that's been made is that president morsi, he was democratically elected. he got just more than 51% of the vote, which is enough to get him elected president of egypt the first election in egypt ever shall we say. he's beginning to act like a dictator. >> well, i think this is unacceptable conditions. he is insisting
he announced for another invitation -- conditions is imposing the will -- >> these conditions that mohammed has put forward are unacceptable? >> everything could be discussed on the table, but not conditions. >> he says -- what about, are you open at least to postponing the referendum on the c constituti constitution? moving from december 15th? >> if we are returning back to the will of the people. why should we be -- we can change the constitution, if there is the will...
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the palace has been the site of clashes between those for and against president mohamed morsi after he gave himself unchecked powers last month. the opposition is calling for new nationwide protests ahead of the vote. >>> and the nobel peace prize has been given to the european union. the three presidents of the eu's main bodies accepted the prestigious award this morning at a ceremony in oslo, norway, but this year's choice was not without controversy. three former nobel laureates wrote a letter of protest saying the union doesn't qualify as a peace maker. >>> for the second time in two weekds, an nfl team overcomes the death of a teammate with a victory on the field. this time it was the dallas cowboys. on the sidelines sunday, the jersey of jerry brown jr. was draped over the team bench. a member of the practice squad, brown died saturday in a car crash driven by a teammate, the car was. the cowboys came back from a nine-point deficit to beat the cincinnati bengals on a dramatic last second field goal. brown's jersey was held up after the emotional win, and following the game, cowbo
the palace has been the site of clashes between those for and against president mohamed morsi after he gave himself unchecked powers last month. the opposition is calling for new nationwide protests ahead of the vote. >>> and the nobel peace prize has been given to the european union. the three presidents of the eu's main bodies accepted the prestigious award this morning at a ceremony in oslo, norway, but this year's choice was not without controversy. three former nobel laureates...
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. >> opponents of egyptian president mohamed morsi are not letting up. they're calling for nationwide protests after morsi refused to set a date. he gave himself sweeping parties and wasn't enough to appease his critics. >> packers quarterback aaron rodgers running for a 27-yard touchdown. yeah, that's the longest in his career. green bay's 27-20 victory over detroit. packers now have an nfl record 22-game winning streak at home against the lions and can clinch the nfc north next weekend. but that would require a win over chicago. it's hanukkah time. that's what they did in washington sunday. the national hanukkah menorah was illuminated during a ceremony outside the white house. it stands adjacent to the white house christmas tree. as he's done for 20 years, the rabbi presided over that ceremony. 20 years. that is quite a streak. >> very nice. thank you. >>> 49 minutes past the hour. people waking up in minnesota right now have a little work to do, i would say so. there is as much as 17 inches of snow waiting to be shoveled outside. in some parts of the
. >> opponents of egyptian president mohamed morsi are not letting up. they're calling for nationwide protests after morsi refused to set a date. he gave himself sweeping parties and wasn't enough to appease his critics. >> packers quarterback aaron rodgers running for a 27-yard touchdown. yeah, that's the longest in his career. green bay's 27-20 victory over detroit. packers now have an nfl record 22-game winning streak at home against the lions and can clinch the nfc north next...
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. >> embattled president mohammed morsi went on nationwide tv. he addressed the protests. he seemed to inflamed their outrage. within minutes, the muslim brotherhood headquarters in cairo was up in flames. reza joins us on the phone from cairo. we want to talk about president morsi in a second. first, you just arrived at the scene of the fire at the muslim brotherhood headquarters. what are you seeing, and what are you learning about who's responsible for this? >> reporter: let's verify what happened. two hours ago, they reported the main headquarters here in cairo was attacked by protesters and torched. we raced over here. we're in front of the headquarters right now. there's no indication of a fire here, but certainly there's a large group of what appear to be opponents of president morsi and the muslim brotherhood. they're trying to do everything they can to get to this building, and they're being blocked by police. so we have yet another standoff. if anyone thought president morsi's speech would pacify these people and calm them down, this is a sign it has not. earlier
. >> embattled president mohammed morsi went on nationwide tv. he addressed the protests. he seemed to inflamed their outrage. within minutes, the muslim brotherhood headquarters in cairo was up in flames. reza joins us on the phone from cairo. we want to talk about president morsi in a second. first, you just arrived at the scene of the fire at the muslim brotherhood headquarters. what are you seeing, and what are you learning about who's responsible for this? >> reporter: let's...
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all articles were approved by the muslim brotherhood, the party of mohammed morsi. frustrated coptic christians walked out because they said their views weren't being heard. the fate of the constitution won't be clear for another two weeks when egyptians get to vote on the draft. >>> the -- is warning tension could backfire. the reason, that's something of great concern and one group they're worried about is the group the international community has been trying to oust in that region. mark schroeder tells us aqim is actually consolidating and getting stronger and without intervention, he says mali's military won't be able to push them out. >>> it has been 484 days since the u.s. lost its top credit rating. what are we doing to get it back? incomes and consume er spending fell in october. economists said sandy had a significant effect on the numbers. >>> and new problems for susan rice. this is different than what you think i'm about to say. after weeks of criticize m from republicans, she now faces scrutiny over her personal investments. stock holdings listed in her
all articles were approved by the muslim brotherhood, the party of mohammed morsi. frustrated coptic christians walked out because they said their views weren't being heard. the fate of the constitution won't be clear for another two weeks when egyptians get to vote on the draft. >>> the -- is warning tension could backfire. the reason, that's something of great concern and one group they're worried about is the group the international community has been trying to oust in that region....
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Dec 14, 2012
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there was this tremendous pressure to try to say this was a spontaneous attack, try to link it to that mohammed movie that president obama tried to link it to for the next two weeks. >> do you think she lied? >> i don't know that. for me she's unqualified to be secretary of state because she doesn't seem to have the independent judgment to make analysis like these talking points don't make sense. >> president obama said after the resignation came in, i deeply regret the unfair and misleading attacks on susan rice in recent weeks. the other thing i've been hearing today from many people in washington is, look, yes, the benghazi thing was probably part of this, but actually what worsened her case really was when she went to try and have it out with senators mccain and the others and really came off second best again. she got led down a garden path and came out with thorns everywhere. and people were saying, you know, she's just a bit inexperienced to deal with bruises like this. what does that mean for her on the world stage. is that a fair criticism? >> also fair. was she in above her head? quit
there was this tremendous pressure to try to say this was a spontaneous attack, try to link it to that mohammed movie that president obama tried to link it to for the next two weeks. >> do you think she lied? >> i don't know that. for me she's unqualified to be secretary of state because she doesn't seem to have the independent judgment to make analysis like these talking points don't make sense. >> president obama said after the resignation came in, i deeply regret the unfair...
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Dec 1, 2012
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that's the party of the president, mohamed morsi. frustrated coptic christians and liberals walked out before the votes because they said their views weren't being heard. the fate of the constitution won't be clear for another two weeks when egyptians get to vote on the draft. >>> the mauritanian president is warning tension in mali could backfire. locals could align with rebels. one group they are concerned about is al qaeda in the islamic maghreb. that's the group the international community has been trying to oust in that region. mark schroeder tells us that aqim is actually consolidating and getting stronger in the region. without international military intervention, mali's military won't be able to push them out. he told me he doesn't even have enough guns for his soldiers. >>> it's been 484 days since the u.s. lost its top credit rating. what are we doing get it back? incomes and consumer spending fell in october. experts we spoke to said sandy had a significant impact on the numbers. >>> and new problems for susan rice. this i
that's the party of the president, mohamed morsi. frustrated coptic christians and liberals walked out before the votes because they said their views weren't being heard. the fate of the constitution won't be clear for another two weeks when egyptians get to vote on the draft. >>> the mauritanian president is warning tension in mali could backfire. locals could align with rebels. one group they are concerned about is al qaeda in the islamic maghreb. that's the group the international...
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Dec 22, 2012
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and mohamed, let me ask you this. let's talk act the first piece of damage we may see, which we saw during the debt ceiling debate, the idea that the u.s. gets its credit rating hurt again. there's been some talk about it from fitch. the net result of lowering the u.s.' credit rating the last time around and-in the debt debacle, it's kind of sad because the first experience most people have with that is it wasn't as bad as we were warned it was going to be. is there a real danger to the u.s.' debt rating and what could that mean? >> at some point, there was a danger. the reason why we haven't felt it is because we've been doing better than rest of the world. this concept that my colleague, bill gross says, wear the cle cleanest dirty shirt. so we're not clean but we're cleaner than europe is right now. >> right. >> so we haven't felt it. my main worry is the following, that if the republicans and democrats can't get together to solve the fiscal cliff you will need an external force, a major market sell-off, you will n
and mohamed, let me ask you this. let's talk act the first piece of damage we may see, which we saw during the debt ceiling debate, the idea that the u.s. gets its credit rating hurt again. there's been some talk about it from fitch. the net result of lowering the u.s.' credit rating the last time around and-in the debt debacle, it's kind of sad because the first experience most people have with that is it wasn't as bad as we were warned it was going to be. is there a real danger to the u.s.'...
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Dec 23, 2012
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mohammed al arian. mark zandy and christine romans. as long as congress does not trip us up, we're on the way to an economic renaissance in our country. >>> we are on the road to an economic renaissance. i want to you think about the united states economy like a runner along this road. full economic recovery and prosperity is the destination, the economy right now, that's warming up with a nice jog, getting ready to break into a full sprint. gross domestic product, the broadest measure for the economy grew by an annual rate of 3.1 over the summer, more than double the rate of the previous quarter. spending by americans was the single biggest factor in that growth and more americans are spending their money to buy a home, pushing prices upward across the country. the median price of an existing home shot up 10.1% in november year-over-year. we've seen home values rise six months in a row as more americans get back to work and take advantage of those low mortgage rates. bottom line here -- our runner, the u.s. economy, is just starting t
mohammed al arian. mark zandy and christine romans. as long as congress does not trip us up, we're on the way to an economic renaissance in our country. >>> we are on the road to an economic renaissance. i want to you think about the united states economy like a runner along this road. full economic recovery and prosperity is the destination, the economy right now, that's warming up with a nice jog, getting ready to break into a full sprint. gross domestic product, the broadest measure...
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Dec 14, 2012
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. >>> live pictures of a pro president mohamed morsi rally in cairo. she a members of the opposition say the constitution is too islamist and infringes on minority rights. protesting outside the presidential palace right now. >>> new this morning, a 6.4 magnitude earthquake off the coast of baja. so far, no tsunami warnings. >>> clackamas town center will reopen to shoppers in six hours. that's the mall where a gunman killed two people on tuesday and critically wounded a third before killing himself. a candle-light vigil will be held outside the mall. >>> a funeral for fallen dallas cowboys player jerry brown. brown was killed in a suspected drunk driving accident on saturday. his teammate and friend josh brent was behind the wheel. you are looking at new dashcam video of the wreck released by police along with 911 calls they received in moments after the accident. >> is anybody injured? >> i don't know. i just drove past it. looks like it just happened. a car upside down. >> josh brent is free on half a million dollars bail. he's charged with intoxica
. >>> live pictures of a pro president mohamed morsi rally in cairo. she a members of the opposition say the constitution is too islamist and infringes on minority rights. protesting outside the presidential palace right now. >>> new this morning, a 6.4 magnitude earthquake off the coast of baja. so far, no tsunami warnings. >>> clackamas town center will reopen to shoppers in six hours. that's the mall where a gunman killed two people on tuesday and critically...
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Dec 8, 2012
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mohamed morsy says he is willing to change the decree that critics say would give him too much power. the offer would not be enough, though, to satisfy the egyptians furious. at least six people have died in clashes, we'll bring you to cairo for the latest on that. >>> and president obama and house speaker john boehner are talking again. but that is about the only thing close to progress in efforts to avoid the fiscal cliff. president obama used his weekly address insisting he is ready to make the tough decisions on spending cuts. >> i am willing to make more entitlement spending cuts on top of the one trillion in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families then we're also going to have to ask the wealthiest americans to pay higher tax rates. that is one principle i wouldn't compromise on. >> speaker john boehner has a different view. he says the president needs to abandon what
mohamed morsy says he is willing to change the decree that critics say would give him too much power. the offer would not be enough, though, to satisfy the egyptians furious. at least six people have died in clashes, we'll bring you to cairo for the latest on that. >>> and president obama and house speaker john boehner are talking again. but that is about the only thing close to progress in efforts to avoid the fiscal cliff. president obama used his weekly address insisting he is ready...
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Dec 24, 2012
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>> any explanation, mohammed, from the syrian government for this bombing? what possible reason would they have to bomb this village? >> reporter: well, don, the syrian government hasn't commented on this aerial bombardment yet. but opposition activists that we've spoken with say they believe the reason this town was targeted is because they say that the town was liberated in the past week, that rebel-free syrian army members went into the town, that they took it away from the control of syrian regime forces that had been there. the opposition activists we speak with say there had been a lot of anti-assad sentiment in that town. because of that, they believe this town was deliberately targeted as a part of a retaliation plan by the government. don? >> russian diplomats have been talking about possible asylum for assad. this bombing today has to play a part in the discussions in damascus. >> reporter: well, we certainly think it would have to, absolutely. and really is there any more striking juxtaposition as far as the failed attempts thus far by the diploma
>> any explanation, mohammed, from the syrian government for this bombing? what possible reason would they have to bomb this village? >> reporter: well, don, the syrian government hasn't commented on this aerial bombardment yet. but opposition activists that we've spoken with say they believe the reason this town was targeted is because they say that the town was liberated in the past week, that rebel-free syrian army members went into the town, that they took it away from the...
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Dec 23, 2012
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mohammed joins me from beirut. what exactly is syria doing. >> good morning, ra ndi. >> he says that syria has started moving its chemical weapons from various sites across the country and consolidated into one site. safe guard these weapons and make sure they don't fall in the hands of the wrong people. there were a lot of concern about this over the last few months. russia is taking this syria and trying to make sure these weapons don't fall into the wrong hands. the u.s. administration, as well as many other countries said for the last few weeks and the last few months if syria used chemical weapons that would be a red line and suffer severe consequences because of it, randi. >> are the weapons still a threat to the rebels? >> well, the rebels maintain that the weapons are a threat to them and a threat to the general population to syria. they said that they believe assad and his regime would result to utilizing those weapons. we should add, though, that the regime said on many occasions that they don't have chem
mohammed joins me from beirut. what exactly is syria doing. >> good morning, ra ndi. >> he says that syria has started moving its chemical weapons from various sites across the country and consolidated into one site. safe guard these weapons and make sure they don't fall in the hands of the wrong people. there were a lot of concern about this over the last few months. russia is taking this syria and trying to make sure these weapons don't fall into the wrong hands. the u.s....
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mohamed jamaal abu ahmed was arrested by egyptian authorities a couple of weeks ago. and remains in custody while the investigation goes on. u.s. authorities believe he may have been involved in the september 11th terror hit that killed ambassador chris stevens and three other americans according to a u.s. official. the fbi which is conducting the investigation has not been able to talk to him yet. the official would not comment on what led them to him. abu ahmed is known as a radical jihadist, 45 years old, master degrees in sharia law. he's also believed to be the driving force behind a new terror group seeking to align itself with al qaeda according to our sources. and egyptian official says abu ahmed denied any connection to the attack on the u.s. consulate, or being affiliated with al qaeda. he's also believed to be connected to a heavily armed terror suspect that was rated in october in egypt. and five people were arrested. sources say they're looking at several people in the attack. the fbi has been covering a lot of territory, but they're still facing roadbloc
mohamed jamaal abu ahmed was arrested by egyptian authorities a couple of weeks ago. and remains in custody while the investigation goes on. u.s. authorities believe he may have been involved in the september 11th terror hit that killed ambassador chris stevens and three other americans according to a u.s. official. the fbi which is conducting the investigation has not been able to talk to him yet. the official would not comment on what led them to him. abu ahmed is known as a radical jihadist,...
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they're protesting against president mohamed morsi and egypt's new constitution. thousands of protesters are supporting the president. they had have constitution one day after it was quickly approved. reza siayah has the news. >> reporter: we have seen hundreds of thousands of egyptians protest against president morsi and the muslim brotherhood. now it's the president's supporters and the broorthhood saying it's our turn. >> we support president morsi and his decision. >> we all support president morsi because this decision, we all need it. >> reporter: it's hard to say how many people are here. some say over 100,000. all say they support the president and just like the opposition faction, they can put on a mass demonstration, too. >> this is the real citizens of egypt. >> what about tahrir square? what do you call tahrir square? the protesters here? >> they're protesters and this is democracy. there are people who agree and disagree. >> reporter: there are a few thousand women here but it's overwhelmingly men. they are energized chanting slogans against some of t
they're protesting against president mohamed morsi and egypt's new constitution. thousands of protesters are supporting the president. they had have constitution one day after it was quickly approved. reza siayah has the news. >> reporter: we have seen hundreds of thousands of egyptians protest against president morsi and the muslim brotherhood. now it's the president's supporters and the broorthhood saying it's our turn. >> we support president morsi and his decision. >> we...
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mohammed jamjoon shows us what happen. some of the images we have blurred but they are very graphic, even this, the descriptions of what happened will be upsetting to some viewers. >> reporter: crucifix in cremen. shocking punishment inflicted by al qaeda fighters against a man they claimed was a spy for the u.s. his rotting body left hanging out in the open for days. a warning to anyone who might consider doing the same. in another video, a prisoner, bound and blindfolded, is led to a public square. convicted of spying on the terrorist group for saudi arabia. he is readied for execution. >> as the united states and as saudi arabia have been very, very concerned about al qaeda in the arabian peninsula being able to plot, plan, and launch attacks from their hideouts in yemen, the saudis and the americans have worked together to create these undercover agents. >> reporter: for more than a year, until june, al qaeda and its affiliate were in control of large parts of the province in southern yemen. inflicting brutal punishmen
mohammed jamjoon shows us what happen. some of the images we have blurred but they are very graphic, even this, the descriptions of what happened will be upsetting to some viewers. >> reporter: crucifix in cremen. shocking punishment inflicted by al qaeda fighters against a man they claimed was a spy for the u.s. his rotting body left hanging out in the open for days. a warning to anyone who might consider doing the same. in another video, a prisoner, bound and blindfolded, is led to a...
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in egypt today, protesters stormed the presidential palace in cairo enraged by president mohamed morsi's power grab. thousands broke through a barrier before throwing rocks and bottles at morsi's home. they also spray painted graffiti on the palace walls. morsi sparked new outrage yesterday after he refused to back off his controversial plan to expand his presidential powers which give him immunity from judicial oversight. >>> a small victory for john mcafee today after he took his fight to stay in guatemala to the country's highest court. mcafee's attorney tells martin savidge a judge granted a stay today that allows him to remain in the country until his immigration case can be heard in court. his attorney says that could take a month or more. the software pioneer has been fighting deportation to belize where he is wanted for questioning in the shooting death of his neighbor there. >>> george zimmerman's lawyers filed several new motions today. among them, his legal team wants his gps monitoring removed. zimmerman who is charged with the murder of trayvon martin has been electronically
in egypt today, protesters stormed the presidential palace in cairo enraged by president mohamed morsi's power grab. thousands broke through a barrier before throwing rocks and bottles at morsi's home. they also spray painted graffiti on the palace walls. morsi sparked new outrage yesterday after he refused to back off his controversial plan to expand his presidential powers which give him immunity from judicial oversight. >>> a small victory for john mcafee today after he took his...
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Dec 11, 2012
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it was drafted largely by allies of mohamed morsi. an egyptian spoke men said that they will aim at ending the political crisis. >>> and a global call for countries to lift their hiv travel restrictions. 45 nations seen on this map have laws that deport, detain, or deny entry to people who are hiv positive. now companies like coca-cola and gap and from the nba say those travel bans are discriminatory and bad for business. until recently, the u.s., too, had regular layings that barred foreign nationals from receiving a visa from entering the country. president obama lifted that ban in 2010. >>> and a chain of check stores is selling what they believe is the, yes, very last shipment of twinkies in the country. jewel said that hostess offered the entire shipment left in the georgia plant, including 20,000 boxes of twinkies and 5,000 boxes of ding dongs, zingers and you can buy them while supplies last but not for much longer. if you're thinking of the gift to give someone, just don't know what to get them, give them a twinkie. >> when wa
it was drafted largely by allies of mohamed morsi. an egyptian spoke men said that they will aim at ending the political crisis. >>> and a global call for countries to lift their hiv travel restrictions. 45 nations seen on this map have laws that deport, detain, or deny entry to people who are hiv positive. now companies like coca-cola and gap and from the nba say those travel bans are discriminatory and bad for business. until recently, the u.s., too, had regular layings that barred...
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and this comes as the constitutional draft was approved by president mohamed morsi and we will see a vote for it in the next 15 days. and one thing that should be stated here is that the islamists should never be underestimated. they've been underestimated since the revolution in every referendum and they've always come out on top despite the large numbers we've seen against them. this may be because they're the most well organized. the muslim brotherhood is the most well-organized political machine in egypt and they know how to get out the vote. that's something that we've seen the opposition struggle with in the past. >> and do you think that the protests could actually have an impact on the referendum vote? >> well, one thing that really could have an impact on the referendum vote would be the judiciary. we've seen in the past, though, we sense the constitutional declaration by president morsi, a fight between the president and the judiciary as the president took power away from them. in the past, we have seen judges oversee every election, every referendum. if they boycott this,
and this comes as the constitutional draft was approved by president mohamed morsi and we will see a vote for it in the next 15 days. and one thing that should be stated here is that the islamists should never be underestimated. they've been underestimated since the revolution in every referendum and they've always come out on top despite the large numbers we've seen against them. this may be because they're the most well organized. the muslim brotherhood is the most well-organized political...
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Dec 26, 2012
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mohammed is monitoring the situation from lebanon and joins us live. >> reporter: joe, the day began with news that major general, chief of military place in syria, had defected, had decided to join as he called it the people's uprising. he posted a video in which he stated his reasons for why he was defectsing, one of which was that the syrian military had betrayed the ideal as of syria and gone after the syrian people. now, we heard from rebel-free syrian army members throughout the day that in fact the fsa had helped transport the major general across country lines from syria into turkey. they say is he safe, that is he in turkey. they've also said they're willing to help other military officials in syria defect, but that they wouldn't be willing to help for much longer. the rebels feel they are the upper hand. they're saying that it's only a small window of time, they're giving other military officials in syria to defect, otherwise they won't look kindly upon their actions. the rebels believe they have the wind at their back, that they're gaining momentum. we've not yet heard a l
mohammed is monitoring the situation from lebanon and joins us live. >> reporter: joe, the day began with news that major general, chief of military place in syria, had defected, had decided to join as he called it the people's uprising. he posted a video in which he stated his reasons for why he was defectsing, one of which was that the syrian military had betrayed the ideal as of syria and gone after the syrian people. now, we heard from rebel-free syrian army members throughout the day...
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Dec 31, 2012
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number five, mohammed morsi, a leader of the muslim brotherhood an islamist group became president of egypt. as his predecessor, a dictator ousted by his people went on trial from his hospital bed. morsi impressed the west by helping to broker the cease-fire that ended an outbreak of warfare between hamas and israel. he disappointed many by awarding himself sweeping new powers at home, triggering renewed outbursts and anger in tahrir square. number four israel and hamas poured fuel on the fiery unrest in the region. one side firing rockets. the other launching missile strikes against targets in gaza. for the first time israel felt vulnerable in jerusalem and tell arrive. the site of this attack in the waning days of contact before the big guns helped broker a cease-fire. number three in europe, greece was the problem child that spent too much, saved nothing and threatened to take down the euro. new leadership didn't stop constant violent protests, staged by those facing loss of jobs, pay cuts, higher taxes, as their weary government begs for more cash. >> europe's leaders including th
number five, mohammed morsi, a leader of the muslim brotherhood an islamist group became president of egypt. as his predecessor, a dictator ousted by his people went on trial from his hospital bed. morsi impressed the west by helping to broker the cease-fire that ended an outbreak of warfare between hamas and israel. he disappointed many by awarding himself sweeping new powers at home, triggering renewed outbursts and anger in tahrir square. number four israel and hamas poured fuel on the fiery...
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mohammed jamjoom joins me from beirut. we're hearing reports of how the rebels helped him make his escape to turkey. >> reporter: that's right, victor. the rebel free syrian army spokesperson we spoke with earlier in the day said it was an arduous journey, took longer than they anticipated. at one point they were transporting the major general by scooter and that it took hours longer than they thought it would, he finally got across the border into turkey. we have been trying to reach the major general. we have not been able to yet. but the rebel free syrian army says this is very significant. this is a morale boost for the rebels there. now, even though this isn't making any difference on the ground in syria right now, and it is a horribly violent day, 60 killed so far, the fact of the matter is if this man who he says he is, and if he's as high rank is as he says he is, co-provide kcohe could provide key intelligence to the rebels and the international community as well. >> soon we'll hit the two-year mark for what has b
mohammed jamjoom joins me from beirut. we're hearing reports of how the rebels helped him make his escape to turkey. >> reporter: that's right, victor. the rebel free syrian army spokesperson we spoke with earlier in the day said it was an arduous journey, took longer than they anticipated. at one point they were transporting the major general by scooter and that it took hours longer than they thought it would, he finally got across the border into turkey. we have been trying to reach the...
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steve cook and mohamed morsi was the runner-up on the list. blistering report blames systemic failures at the state department for that deadly terrorist attack on the u.s. consulate in benghazi. now is the fallout. three department officials have resigned. the attack killed four americans including ambassador chris stevens. an independent review board concluded that security at facility was grossly inadequate. we're hearing from senator john kerry. listen. >> i think the department has taken a huge step forward to address lessons learned from benghazi, which are important to everybody. there are 70,000 employees over there. there are 275 different posts. people are at risk. it's a dangerous world we're in. i think that this report is going to significantly advance the security interests of those personnel and of our country. >> elise, you have this review board that says nobody violated his or her duties specifically. they didn't remedies palestinian naer action against any one person. why the resignations? >> reporter: well, why they didn't s
steve cook and mohamed morsi was the runner-up on the list. blistering report blames systemic failures at the state department for that deadly terrorist attack on the u.s. consulate in benghazi. now is the fallout. three department officials have resigned. the attack killed four americans including ambassador chris stevens. an independent review board concluded that security at facility was grossly inadequate. we're hearing from senator john kerry. listen. >> i think the department has...